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Comment: "Professional Team Sports Are Only a Game: The Walrasian Fixed-Supply Conjecture Model, Contest-Nash Equilibrium, and the Invariance Principle"

University of Colorado at Denver

In a recent article in this journal, Stefan Szymanski develops a generalized version of the two-team diminishing marginal revenue model of win percentage determination and talent allocation. The standard version of this model assumes a fixed supply of talent for a given season, focusing on the allocation of players among teams. Szymanski claims that this assumption is inappropriate and offers his generalized model as a solution. This comment argues, on the contrary, that the fixed supply assumption underlying the standard model is appropriate for its usual applications, given the "peculiar economics" of sports labor markets.

Key Words: theory of sports leagues • sports labor supply • player allocation

Journal of Sports Economics, Vol. 7, No. 2, 234-239 (2006)
DOI: 10.1177/1527002504272947


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